Answer:
<em>The economy with the lowest opportunity cost of producing a particular good is said to </em><em>have </em><em><u>a comparative </u></em><em><u>advantage</u></em>
<em>What </em><em>is </em><em>comparative</em><em> </em><em>advantage</em><em>?</em><em> </em>
<em>comparative advantage </em><em>refers to the ability to produce goods and services at a lower opportunity COST, not necessarily at a greater volume.</em>
<em>The </em><em>concept</em><em> </em><em>of </em><em>comparative</em><em> </em><em>advantage</em><em> </em><em>is </em><em>based</em><em> </em><em>up</em><em>o</em><em>n:</em><em> </em><em>relatively</em><em> </em><em>opportunity</em><em> cost</em>
Revenue per hour of labor
Answer:
The Correct Answer is C.
Graphics
Explanation:
The Advantages of using Graphics in presentation or reports are such as:
- Graphics can help illustrate some topics better than the diagrams or static texts.
- Graphics is portable and editable.
- Graphics can gain and hold attention.
- Interactivity can help in the learning process which makes it much easier and understandable.
- Entertaining as well as Educational.
- Hyperlinks to other websites, documents, reports, and presentations.
Answer:
The correct answer is letter "C": the company has more than enough earnings to make its interest payments.
Explanation:
Times Interest Earned or TIE measures the ability of an organization to pay its debt. TIE is calculated by dividing a company's earnings before interest and taxes by the interest that is payable on its debts. A low ratio means the company fails to pay debts, and if it fails to fulfill its responsibilities, it may default in bankruptcy. A high ratio means a business can cover its debt expenses.
Thus, <em>if a company's TIE is 12.1 it means its pre-taxed earnings are 12.1 greater than its annual interest expense implying the firm has the funds necessary to cover its interest payment.</em>